Trace Mayer

Potential COMEX Gold Fail

kohalakid, Exactly. Perhaps you should study your Constitution a little more.

Article 1 Section 8 Clause 5: "To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures;"

Article 1 Section 10 Clause 1: "No State shall enter into any Treaty, Alliance, or Confederation; grant Letters of Marque and Reprisal; coin Money; emit Bills of Credit; make any Thing but gold and silver Coin a Tender in Payment of Debts; pass any Bill of Attainder, ex post facto Law, or Law impairing the Obligation of Contracts, or grant any Title of Nobility."

I explain and outline the arguments here:

Constitutional intrepretation: www.runtogold.com/2009.../

Define the Dollar Or Else:
www.runtogold.com/2009.../


On Jun 19 10:27 PM kohalakid wrote:

> If the Federal government did only what the Constitution gives it
> a mandate to do, we wouldn't have 99% of our budget problems.
> Like I said, it's the implementation of bad (unconstitutional) ideas
> that cause the problem, not the basis system.

Potential COMEX Gold Fail

kohalakid, you raise a good issue and the response from writers like myself is:

Silver and gold are not merely valuable commodities, investments, and media of exchange. More importantly, they are key "checks and balances" in America's legal and political institutions.

The fight against the use of silver and gold as money that has been waged by bankers and rogue politicians since the 1870s as to silver and the 1930s as to gold -- and will intensify as fiat currencies collapse throughout the world in The Great Credit Contraction -- is ultimately directed against America's national independence, her constitutional government, and every common American's individual liberty and prosperity.

The price of gold has been manipulated for two reasons, one being the suppression of evidence, the other the throttling of monetary evolution.

That is why careful observers conclude that the paranoia being generated by politicians and the big media over "homeland security" -- and the frenetic para-militarization of law-enforcement agencies at the national, state, and even local levels in the name of "homeland security" -- are not caused by or aimed at foreign "terrorists" at all, but instead target ordinary Americans in their own home towns.

The establishment is preparing to force justifiably angry Americans into line when its financial house of cards comes tumbling down, either in a controlled demolition or otherwise.

Americans will not be the only victims of such repression. Because gold and silver are mortal enemies and competitors to fiat currency therefore the establishment must prevent other peoples, in other parts of the world, from jumping off the financial treadmill of political currency. That will require the use not only of economic and political pressure, but also -- indeed, especially -- of military coercion. For the provision of which the establishment will attempt to force common Americans to pay, and to send their sons and even their daughters off to fight, die, and be maimed and sickened in foreign lands.

Little good, then, will it do for an ounce of gold to soar to $2,000, $3,000, or higher -- and for silver to increase in value proportionately too -- if the ultimate consequences are a police state in America, then a supra-national regime replacing the United States, accompanied by endless military conflicts throughout the world.

In the grand scheme of things, gold and silver are far less important as economic investments or hedges against hyperinflation or depression than as guarantors of individual freedom -- and then to the fullest extent only when they are actually used as media of exchange throughout society. Silver and gold as currencies supply the foundation necessary for economic democracy and limited government; whereas fiat currencies inevitably function as the tools of fascism, socialism, and every other form of financial imperialism.

Thus, the fight over gold and silver as media of exchange is about more than mere money, let alone making money. For it is a fight with only two possible outcomes: either control of their own lives by the people themselves, or control of the people and their lives by political and economic elitists. To achieve the first and avoid the second no price will prove too great to pay. Indeed, America is once again being faced with the question: Repression or Regeneration?

Indeed, I do not write for money; I have way more of that than I will ever need. Currently, we have the freedom of speech but what have you said? You have the freedom to write but what have you written? My answer is neither deafening silence nor advocation or apology for the use of violence against innocent people or the legitimately acquired property.


On Jun 19 02:46 PM kohalakid wrote:

> I still can't figure out why writers like Trace continue to push
> this "paper gold conspiracy" thing. First, I don't believe it exists,
> but second, if it does, all it's doing is allowing everyone to buy
> more precious metals at the supposedly "artificially depressed" prices.
>
>
> Why wouldn't I want that to continue???
>

Key Ratios Between Gold, Silver, Oil and Stocks Are Moving

Yes, extremely important. I was going to include this issue but was too loquacious so it will probably require an article all by itself. The end of this 30 year bull market in bonds is not going to be pretty. "I love the money fire!"


On May 08 01:30 AM Adrian Douglas wrote:

> The fact that the bond market is about break down is a very important
> additional consideration.

Key Ratios Between Gold, Silver, Oil and Stocks Are Moving

Roger, The Onion? Serious ... completely. It truly is America's Finest News Source.

At least one pencil is sharp enough to write ....

On May 07 11:37 AM Roger Knights wrote:

> The author wrote, "by The Onion: America’s Finest News Source." Everybody
> knows "The Onion" is a satirical paper, so the author was obviously
> being deliberately facetious. (This is reinforced by his also linking
> to the over-the-top absurdist video about the money hole.)

Did the ECB Save COMEX from Gold Default?

Very well written article with powerful analysis. These vampires operate in the shadows so sometimes circumstantial evidence is the only way to triangulate their position.

What Is Going On With Gold?

Mr. Robert Landis, a graduate of Princeton University, Harvard Law School and member of the New York Bar, has asserted that “Any rational person who continues to dispute the existence of the rig [gold price suppression scheme by central banks] after exposure to the evidence is either in denial or is complicit.”

Therefore, it appears the Pragmatic Capitalist is either ignorant of or in denial towards key material information or is complicit in the rig.

At all times and in all circumstances gold remains money. It has always proven to be the most powerful currency in the history of the world. Why should it be any different this time? Sure, the FRN$ is putting up a rather strong 38 year fight but gold is undefeated over the past 5,000 years. The FRN$ is on its way to fiat currency graveyard like all of its predecessors and when viewed in proper historical context the FRN$ will be yet another immaterial challenger to gold's dominance as a currency.

U.S. Treasuries Are the Biggest Bubble of All

R JENSEN, silver and platinum are not but could and probably will be currencies. Instead they are industrial metals. As they begin to function as currencies and increase in velocity their value and purchasing power will grow relative to other commodities and services. If gold disappeared then one of them would probably replace it as the 'monetary commodity'.


On Jan 05 12:50 AM R JENSEN wrote:

> Trace, what about silver? Platinum?


Champak, That makes absolutely no sense. I did on the relationship between them all in The Gold to Oil Ratio Does Matter: seekingalpha.com/artic...


On Jan 05 05:33 AM Champak wrote:

> Stop using Oil, Gold, Treasury Bonds,...as currency. Use Energy instead,
> the true solution of our future!

U.S. Treasuries Are the Biggest Bubble of All

Gold is below but abuts treasuries in the liquidity pyramid. The DOW is about average priced in terms of gold. It will be cheap when the DOW is .25-2oz of gold.


On Jan 04 04:46 PM Commodity bubble proponent wrote:

> Gold and treasuries are linked b/c investors are scared. When treasuries
> decline once the market starts to right itself, Gold will follow
> suit.
>
> The fact that the Dow to gold ratio is so out of whack should tell
> you that Gold is overpriced

U.S. Treasuries Are the Biggest Bubble of All

I am talking about the failure of the Ponzi scam of fiat currency and fractional reserve banking. The current system has evolved into its present state over centuries going back past even the Medici, Banco Rosso and even the Third Lateran Council in 1179. We are here at the turn of the tides.


On Jan 04 03:12 PM iThinkBig wrote:

> 1) 600 years? Stop it. Call US currency dominance really a 50 year
> crest and soon, recede. 1913 probabably marks the beginning of a
> repeated failed experiment or Ponzi as it is called.
>
> 2) Just an opinion of analogies, this is a five course meal of horse
> dung, not a nine course. We have already eaten the first two of five.
> Think of the courses as corrective years to the next sustainable
> Bull market.
>
> Otherwise, liked the article.

Peter Schiff: Outlook for the Gold Market

"For the gold bugs, the inflationary spike is OVER. ....All the Fed's quantitative easing will do is simply slow down the deflationary forces"

Gold is the ultimate form of deflation because it is the ultimate form of payment and is always accepted. When capital starts moving into gold there will be no chance of getting it out and then the economy goes into stasis.

www.runtogold.com/2008.../

Peter Schiff: Outlook for the Gold Market

"At some point, the central bank selling is going to turn into buying. Who are these guys kidding?"

Between all the selling, leasing and other derivatives it appears the alleged central bank gold price suppression scheme may be ending as the central banks have less than half the gold they claim. Mr. Robert Landis, a graduate of Princeton University, Harvard Law School and member of the New York Bar, asserted in 2005, “Any rational person who continues to dispute the existence of the rig after exposure to the evidence is either in denial or is complicit.” When the market realizes this it will be very interesting for the gold market. While it would be unlikely it appears Schiff may not even be aware of what is really going on in the gold market.

www.runtogold.com/2005.../